Ask Question
6 March, 07:26

The amount of money a borrower receives from the lender is called the discount rate. true false

+5
Answers (1)
  1. 6 March, 08:16
    0
    The answer is false. The amount of money a borrower receives from the lender is called the loan principal. On the other hand, the discount rate may refer to the charges to the financial institution for lending to other banks.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The amount of money a borrower receives from the lender is called the discount rate. true false ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers